A project manager is reporting the project performance as 25 days worth of work completed against 13 days originally planned. What is the schedule variance (SV)?

The correct answer is B. -12. Schedule Variance (SV) = Earned Value (EV) – Planned Value (PV). In this scenario, the Planned Value (work that should have been completed) is 25 days, and the Earned Value (work actually accomplished) is 13 days. Therefore: SV = 13 – 25 = –12. A negative SV means the project is

Predictive, Plan-Based Methodologies

Question

A project manager is reporting the project performance as 25 days worth of work completed against 13 days originally planned. What is the schedule variance (SV)?

Options

A1.15
B-12
C12
D38

How the community answered

(45 responses)

A
11% (5)
B
78% (35)
C
2% (1)
D
9% (4)

Explanation

Schedule Variance (SV) = Earned Value (EV) – Planned Value (PV). In this scenario, the Planned Value (work that should have been completed) is 25 days, and the Earned Value (work actually accomplished) is 13 days. Therefore: SV = 13 – 25 = –12. A negative SV means the project is behind schedule. The value 1.15 resembles a Schedule Performance Index (SPI), 12 would indicate a positive variance (ahead of schedule), and 38 is the sum rather than the difference - none of which correctly apply here.

Topics

#Earned Value Management (EVM)#Schedule Variance (SV)#Project Performance Measurement#Predictive Project Management

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